---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-023559"
form_type: "8-K"
ticker: "DFDV"
cik: "0001805526"
company_name: "DeFi Development Corp."
filed_at: "2025-03-13T23:59:59+00:00"
generated_at: "2026-05-24T21:31:20.379733+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Janover reports Q4 revenue up 80% YoY; SaaS revenue soars 488% YoY

## Summary
- Q4 total revenue ~$629K, up 80% YoY from $350K; driven by SaaS subscription revenue up 488%.
- Annual recurring revenue (ARR) reached ~$812K at Dec 31, 2024, a 194% increase YoY from $276K.
- Q4 net loss improved 59% YoY to ~$486K from ~$1.2M; full-year net loss improved 19% to ~$2.7M.
- SaaS subscription revenue for full-year 2024 was ~$480K, vs ~$32K in prior year, representing 23% of total revenue.
- Q4 cash flow from operations improved 73% YoY, reflecting cost cutting and shift to recurring revenue.

## SEC filing metadata
- accession: 0001213900-25-023559
- form_type: 8-K
- ticker: DFDV
- cik: 0001805526
- company_name: DeFi Development Corp.
- filed_at: 2025-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805526/000121390025023559/0001213900-25-023559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805526/000121390025023559/ea0234278-8k_janover.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-023559
- JSON: https://secwatch.observer/filing/0001213900-25-023559.json
- Plain text: https://secwatch.observer/filing/0001213900-25-023559.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.